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WP Engine sues Automattic and WordPress co-founder Matt Mullenweg
Hosting provider WP Engine has filed a lawsuit against Automattic and WordPress co-founder Matt Mullenweg, accusing them of extortion and abuse of power. The lawsuit comes after nearly two weeks of tussling between Mullenweg, who is also CEO of Automattic, and WP Engine over t…Read More
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Judge blocks California’s new AI law in case over Kamala Harris deepfake
A federal judge blocked one of California’s new AI laws on Wednesday, less than two weeks after it was signed by Governor Gavin Newsom. Shortly after signing AB 2839, Newsom suggested it could be used to force Elon Musk to take down an AI deepfake of Vice President Kam…Read More
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Venture firm CRV returns $275 million citing overvaluation of mature startups
CRV, a more than 50-year-old venture firm, is returning to investors $275 million from its $500 million Select fund, which backs later-stage rounds of existing portfolio companies, the New York Times reported. The firm is one of the first Silicon Valley outfits to…Read More
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Cancer AI Alliance joins medical and tech expertise together with $40M to collaborate on next-gen care
A group of major medical institutions specializing in cancer care have formed a partnership to better take advantage of AI’s potential to advance the space. With $40 million of cash and resources from big tech backers, the Cancer AI Alliance…Read More
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Facebook says it paid content creators $2B this year
Are creators sleeping on Facebook? Though the social network has been more enticing for AI Shrimp Jesus than young people, Facebook is consolidating its monetization programs into a more streamlined Facebook Content Monetization hub, which will reward creators for their Reels, longer videos,…Read More
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Sales of electric vehicles in Germany are plummeting — 70% fewer cars were sold in August compared to the same period last year. Across the EU, the EV segment has seen a 44% drop. Overall, car sales have decreased by 18.3%.
The main issue? YouTube. People are realizing that a car priced at $50,000 in the EU would cost just $25,000 in China. T…Read More
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Bill Gates stated that billionaires should be taxed at 70% and their wealth should be redirected towards green projects, the poor, and vulnerable groups.
However, Gates didn’t specify what’s stopping him from setting an example and donating 70% of his own fortune privately.
#billgates
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Elon Musk has announced a Tesla robot presentation for October 10, claiming it will “go down in history.”
The focus will primarily be on RoboTaxi, Tesla’s fully autonomous project. Rumors suggest the vehicle will have no steering wheel or pedals, and its design may resemble the Cybertruck. Recently, a photo surfaced online of a mysterious Tesla…Read More
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Spill, the Black-owned Twitter alternative, scores investment from Kerry Washington
as the second anniversary of Spill rolls around, Spill has something else to celebrate: Emmy-winning actress Kerry Washington has made an investment in his app.
© 2024 TechCrunch. All rights reserved. For personal use only.Read more:…Read More
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Hedosophia leads $7M seed round into retail supply chain AI startup Ameba
Ameba takes the unstructured data in a retailer’s supply chain systems, sprinkles in some generative AI, and makes the whole thing more efficient.
© 2024 TechCrunch. All rights reserved. For personal use only.Read more: htt…Read More
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Peak XV trims fund size and fees as Indian market overheats
Peak XV, the largest India and Southeast Asia-focused venture firm, is reducing the size of a handful of its funds and lowering fees as it seeks to become “deeply aligned” with its limited partners. The firm, which secured capital commitments totaling $2.85 billion in mid 2022, informed…Read More
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Peak XV trims fund size and fees as Indian market overheats
Peak XV, the largest India and Southeast Asia-focused venture firm, is reducing the size of some of its funds and lowering fees as it seeks to become “deeply aligned” with its limited partners. The firm, which secured capital commitments totaling $2.85 billion in mid 2022, informed its…Read More
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Abdulboriy posted in the group Quotes
“Most people who are criticizing and judging haven’t even tried what you failed at”
– David Goggins, “Can’t Hurt Me”
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Peak XV trims fund size and fees as Indian market overheats
Peak XV, the largest India and Southeast Asia-focused venture firm, is reducing the size of some of its funds and lowering fees as it seeks to become “deeply aligned” with its limited partners. The firm, which raised $2.85 billion funds in mid-2022, informed its backers on Tuesday…Read More
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Palmer Luckey: Every country needs a ‘warrior class’ excited to enact ‘violence on others in pursuit of good aims’
Palmer Luckey raged against America’s adversaries, endorsed completely autonomous weapons, and hinted at an Anduril IPO.
© 2024 TechCrunch. All rights reserved. For personal use only.Read more: https://tec…Read More
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